THE ECONOMETRICS OF THE FORECASTING OF FINANCIAL RESOURCES, A MAIN COMPONENT OF THE FINANCIAL MANAGEMENT

The paper intends to emphasise the importance of budget resources forecasting for long periods of time, within thefinancial management. An as accurate as possible forecasting of the volume of financial resources will represent the basis forthe future projections of the expenditure of local communities, as they are regulated by law, knowing that one of the principlesrepresenting the basis of budget making is that of the balanced budget. To the same extent, the volume of the budget liquiditieswill depend on the rigorousness of the design of the volume of financial resources.. Beyond the abstract character of themathematic calculus made by specialists in econometrics, the financial manager is also interested to know the forecastingtechniques so that he/she can draw up the income and expenditure budget, the basis for the implementation of the economicsocialdevelopment strategies of the local communities. The financial management remains a fundamental component of thepublic management through the theoretical-methodological arsenal made available for the loan officer..

Medienart:

E-Artikel

Erscheinungsjahr:

2009

Erschienen:

2009

Enthalten in:

Zur Gesamtaufnahme - volume:4

Enthalten in:

Annals of the University of Oradea: Economic Science - 4(2009), 1, Seite 1096-1098

Sprache:

Deutsch ; Englisch ; Französisch ; Italienisch

Links:

doaj.org [kostenfrei]
steconomice.uoradea.ro [kostenfrei]
Journal toc [kostenfrei]
Journal toc [kostenfrei]

Themen:

Business
Econometrics
Finance
Financial management
Resource forecasting
Stochastic methods

Förderinstitution / Projekttitel:

PPN (Katalog-ID):

DOAJ046128107